Sunday, April 17, 2022 11:11:20 AM
Although revenue down and share loss of $0.02 to $0.01, final net income is great at $3.7m compared to previous years.
Yes, a ton of work still needs to be done on their part but it’s positive to see that they are exploring more opportunities (below) and their shareholder count has gone up from 174 in 2020 to 205 in 2021. Yes debt is a concern but can be re-worked with legalization and banking options.
Diego is currently exploring opportunities in California, Colorado, Nevada, Florida, Washington and other states. The Company will continue to raise capital to finance that expansion. This should result in increased revenues for the future and increased opportunities into new markets.
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